Civic Intelligence

Spring Valley Elderly Housing Inc.

990 • Fiscal year 2014 • EIN 58-1735473

Jan 01, 2014 to Dec 31, 2014 • Filed on May 08, 2015

PO Box 450049SuiteAtlanta, GA 31145

(770) 496-0598

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

1.97x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

94th percentile

2.80x

Higher debt load relative to revenue than 94% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Net Margin

34th percentile

-1.8%

Higher net margin than 34% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

47th percentile

$0

Higher top officer pay than 47% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2014

Asset Growth

23rd percentile

-5.4%

Faster asset growth than 23% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

45th percentile

2.2%

Faster revenue growth than 45% of similar nonprofits.

2014 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Assets

Down

$583,170

Down $33,460 (-5.4%) from 2013

Net Assets

Down

-$567,474

Down $7,490 (-1.3%) from 2013

Liabilities

Down

$1,150,644

Down $25,970 (-2.2%) from 2013

Revenue

Up

$410,774

Up $8,738 (+2.2%) from 2013

Expenses

Up

$418,264

Up $3,789 (+0.9%) from 2013

Net Income

Up

-$7,490

Up $4,949 (+40%) from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0-$500K-$1.0MAssets 2010: $723,938Liabilities 2010: $1,246,198Net Assets 2010: -$522,2602010Assets 2011: $693,604Liabilities 2011: $1,224,020Net Assets 2011: -$530,4162011Assets 2012: $650,317Liabilities 2012: $1,197,862Net Assets 2012: -$547,5452012Assets 2013: $616,630Liabilities 2013: $1,176,614Net Assets 2013: -$559,9842013Assets 2014: $583,170Liabilities 2014: $1,150,644Net Assets 2014: -$567,4742014Assets 2015: $550,284Liabilities 2015: $1,116,011Net Assets 2015: -$565,7272015Assets 2016: $524,839Liabilities 2016: $1,078,554Net Assets 2016: -$553,7152016Assets 2017: $493,119Liabilities 2017: $1,040,334Net Assets 2017: -$547,2152017Assets 2018: $475,611Liabilities 2018: $1,012,854Net Assets 2018: -$537,2432018Assets 2019: $442,108Liabilities 2019: $960,356Net Assets 2019: -$518,2482019Assets 2020: $407,336Liabilities 2020: $906,520Net Assets 2020: -$499,1842020Assets 2021: $389,307Liabilities 2021: $856,536Net Assets 2021: -$467,2292021Assets 2022: $399,608Liabilities 2022: $800,759Net Assets 2022: -$401,1512022Assets 2023: $474,449Liabilities 2023: $804,330Net Assets 2023: -$329,8812023Assets 2024: $419,370Liabilities 2024: $669,389Net Assets 2024: -$250,0192024

Highlighted filing

2014

Assets$583,170
Liabilities$1,150,644
Net Assets-$567,474

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$600K$400K$200K$0-$200KExpenses 2010: $386,6482010Expenses 2011: $396,0292011Expenses 2012: $412,6742012Revenue 2013: $402,036Expenses 2013: $414,475Net Income 2013: -$12,4392013Revenue 2014: $410,774Expenses 2014: $418,264Net Income 2014: -$7,4902014Revenue 2015: $415,051Expenses 2015: $413,304Net Income 2015: $1,7472015Revenue 2016: $425,851Expenses 2016: $413,839Net Income 2016: $12,0122016Revenue 2017: $428,977Expenses 2017: $422,477Net Income 2017: $6,5002017Revenue 2018: $433,084Expenses 2018: $423,112Net Income 2018: $9,9722018Revenue 2019: $441,503Expenses 2019: $422,508Net Income 2019: $18,9952019Revenue 2020: $452,331Expenses 2020: $433,267Net Income 2020: $19,0642020Revenue 2021: $438,776Expenses 2021: $406,821Net Income 2021: $31,9552021Revenue 2022: $462,805Expenses 2022: $396,727Net Income 2022: $66,0782022Revenue 2023: $473,442Expenses 2023: $402,172Net Income 2023: $71,2702023Revenue 2024: $484,720Expenses 2024: $404,858Net Income 2024: $79,8622024

Highlighted filing

2014

Revenue$410,774
Expenses$418,264
Net Income-$7,490
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 8, 2015
Return Version
2014v5.0
Gross Receipts
$410,774
Mission and Program Overview

Mission

To own and operate a rental housing property for low income elderly persons under section 202 of the national housing act.

To own and operate a rental housing property for low income elderly persons under section 202 of the national housing act

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$423,704$376,484▼ $47,220
Savings and Temporary Cash Investments$127,798$142,461▲ $14,663
Cash and Non-Interest-Bearing Accounts$37,690$36,253▼ $1,437
Prepaid Expenses and Deferred Charges$26,803$27,793▲ $990
Accounts Receivable$460$4▼ $456
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$616,630$583,170▼ $33,460
Other Assets Total$175$175→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$1,138,762$1,109,354▼ $29,408
Other Liabilities$21,768$22,035▲ $267
Accounts Payable and Accrued Expenses$16,064$19,234▲ $3,170
Deferred Revenue$20$21▲ $1
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$1,176,614$1,150,644▼ $25,970
Net Assets / Fund Balance
Permanently Rstr Net Assets$0$0→ $0
Temporarily Rstr Net Assets$0$0→ $0
Unrestricted Net Assets$-559,984$-567,474▼ $7,490
Total Net Assets Fund Balance$-559,984$-567,474▼ $7,490
Total Liabilities and Net Assets / Fund Balance$616,630$583,170▼ $33,460

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$285,398$1,049,641$1,335,039
Other Land Buildings$31,033$63,094$94,127
Land$60,053-$60,053
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joseph F GlennPresident/director
Robert L ReinhartVice-president/direc
Jane ReinhartDirector
Kim DelaceyDirector
Larry Gay ReaganDirector
Elizabeth C GlennSec/treas/director
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$410,744
Investment Income
$30
Other Revenue
$0
Change in Net Assets
$-7,490

Audited Revenue Reconciliation

Revenue per Audited Statements
$410,774
Total Revenue per Audited Statements
$410,774
Total Revenue per Form 990
$410,774
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$418,264
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Interest$94,071--$94,071
Depreciation Depletion$47,220--$47,220
All Other Expenses$42,758--$42,758
Other Expenses$34,127$0$0$34,127
Total Functional Expenses$418,264$0$0$418,264

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$418,264
Total Expenses per Audited Statements$418,264
Total Expenses per Form 990$418,264
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Tenant Security Deposits$13,012
accrued interest$7,742
Accrued Wages Payable$1,202
Accrued Payroll Taxes Payable$79
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 2

Joseph f. Glenn - president/director is married to elizabeth c. Glenn - secretary/treasurer.

Form 990, Part VI, Section A, Line 3

The organization has engaged a property management company to oversee the day to day operation of the apartment complex owned by the organization. The management company is experienced in the operation of low income rental housing under hud's section 202 program. Employees of the apartment comples are the employees of the management company. The management contract has been approved by hud.

Form 990, Part VI, Section C, Line 19

The documents are available upon request.

Form 990, Part VI, Section B, Line 11

The president reviews and approves the 990 before filing.

Form 990, Part VI, Section B, Line 12C

Officers and directors are reminded of this policy at each board meeting and are asked to disclose any potential conflicts or interest for discussion by the board.

Form 990, Part VI, Section B, Line 15

The organization has no paid employees or officers. Directors and officers serve in a volunteer capacity and are not compensated for their service.

Filing and Contact Details

Filer

Filer Name
Spring Valley Elderly Housing Inc
EIN
58-1735473
In Care Of
% MANSERMAR INC
Phone
7704960598
Address
PO BOX 450049, Suite, ATLANTA, GA 31145

Signing Officer

Name
Joseph F Glenn
Title
President
Phone
7704960598
Signed
2015-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph F Glenn
Formed
1987
Legal Domicile
Ga
Voting Board Members
6
Independent Board Members
6
Employees
0

Preparer

Firm
Habif Arogeti & Wynne Llp
Address
FIVE CONCOURSE PARKWAY SUITE 1000, ATLANTA, GA 30328
Preparer
Ed D Deck
Phone
7704960598
Supplemental Narrative

Additional Explanations

Form 990, Part I, Line 1

To own and operate a rental housing property for low income elderly persons under section 202 of the national housing act.

Form 990, Part X, Line 2

There are no uncertain tax positions under fin 48 (asc 740-10) disclosed in the audited financial statements and footnotes.

Form 990, Part XII, Line 2C

Joseph f. Glenn - president and elizabeth c. Glenn - secretary/treasurer review and approve the audited financial statements.

Form 990 Part IX Line 24 - Other Expenses

DESCRIPTION:insurance TOTAL EXPENSES:25933 PROGRAM SERVICES:25933

Form 990 Part IX Line 24 - Other Expenses

Description:utilities total expenses:16505 program services:16505

Form 990 Part IX Line 24 - Other Expenses

DESCRIPTION:Miscellaneous Taxes TOTAL EXPENSES:320 PROGRAM SERVICES:320

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IRS990/PYInvestmentIncomeAmt029
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0414475
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt0402007
IRS990/PYRevenuesLessExpensesAmt0-12439
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0414475
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0402036
IRS990/RcvblFromDisqualifiedPrsnGrp/BOYAmt00
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/BOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-7490
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RentalIncomeOrLossGrp/PersonalAmt00
IRS990/RentalIncomeOrLossGrp/RealAmt00
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0410774
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0127798
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0142461
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt00
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt053
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt085
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0133
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0330
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0410744
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0402007
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0395492
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0387788
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0377543
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01973574
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt029
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt053
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt085
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0133
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0330
IRS990ScheduleA/InvestmentIncomeCYPct00.00017
IRS990ScheduleA/InvestmentIncomePYPct00.00030
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.67317
IRS990ScheduleA/PublicSupportPY509Pct00.68650
IRS990ScheduleA/PublicSupportTotal509Amt01328782
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0156416
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0129076
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0110019
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0129270
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0120011
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt0644792
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0156416
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0129076
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0110019
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0129270
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0120011
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt0644792
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0410744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0402007
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0395492
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0387788
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0377543
IRS990ScheduleA/Total509Grp/TotalAmt01973574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0410774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0402036
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0395545
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0387873
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0377676
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01973904
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0285398
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01049641
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt01335039
IRS990ScheduleD/ExpensesSubtotalAmt0418264
IRS990ScheduleD/FederalIncomeTaxLiabilityAmt00
IRS990ScheduleD/LandGrp/BookValueAmt060053
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt060053
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt031033
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt063094
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt094127
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt013012
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt17742
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt21202
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt379
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0TENANT SECURITY DEPOSITS
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1accrued interest
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED WAGES PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3ACCRUED PAYROLL TAXES PAYABLE
IRS990ScheduleD/RevenueSubtotalAmt0410774
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0376484
IRS990ScheduleD/TotalExpensesPerForm990Amt0418264
IRS990ScheduleD/TotalLiabilityAmt022035
IRS990ScheduleD/TotalRevenuePerForm990Amt0410774
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0410774
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0418264
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0TO OWN AND OPERATE A RENTAL HOUSING PROPERTY FOR LOW INCOME ELDERLY PERSONS UNDER SECTION 202 OF THE NATIONAL HOUSING ACT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1JOSEPH F. GLENN - PRESIDENT/DIRECTOR IS MARRIED TO ELIZABETH C. GLENN - SECRETARY/TREASURER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION HAS ENGAGED A PROPERTY MANAGEMENT COMPANY TO OVERSEE THE DAY TO DAY OPERATION OF THE APARTMENT COMPLEX OWNED BY THE ORGANIZATION. THE MANAGEMENT COMPANY IS EXPERIENCED IN THE OPERATION OF LOW INCOME RENTAL HOUSING UNDER HUD'S SECTION 202 PROGRAM. EMPLOYEES OF THE APARTMENT COMPLES ARE THE EMPLOYEES OF THE MANAGEMENT COMPANY. THE MANAGEMENT CONTRACT HAS BEEN APPROVED BY HUD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE DOCUMENTS ARE AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE ARE NO UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740-10) DISCLOSED IN THE AUDITED FINANCIAL STATEMENTS AND FOOTNOTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5THE PRESIDENT REVIEWS AND APPROVES THE 990 BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICERS AND DIRECTORS ARE REMINDED OF THIS POLICY AT EACH BOARD MEETING AND ARE ASKED TO DISCLOSE ANY POTENTIAL CONFLICTS OR INTEREST FOR DISCUSSION BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS NO PAID EMPLOYEES OR OFFICERS. DIRECTORS AND OFFICERS SERVE IN A VOLUNTEER CAPACITY AND ARE NOT COMPENSATED FOR THEIR SERVICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8JOSEPH F. GLENN - PRESIDENT AND ELIZABETH C. GLENN - SECRETARY/TREASURER REVIEW AND APPROVE THE AUDITED FINANCIAL STATEMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DESCRIPTION:insurance TOTAL EXPENSES:25933 PROGRAM SERVICES:25933
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10DESCRIPTION:UTILITIES TOTAL EXPENSES:16505 PROGRAM SERVICES:16505
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11DESCRIPTION:Miscellaneous Taxes TOTAL EXPENSES:320 PROGRAM SERVICES:320
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART I, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART X, LINE 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8FORM 990, PART XII, LINE 2C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11FORM 990 PART IX LINE 24 - OTHER EXPENSES
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd0false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd1false
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt0NA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingEntityName/BusinessNameLine1Txt1nA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0CHRISTIAN SENIOR HOUSING FOUNDATION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1broadway towers inc
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0581251085
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1581354973
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501(C)3
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0GA
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0affordable

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.42$0.67$0.25$0.48$0.40$0.08
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.47$0.80$0.33$0.47$0.40$0.07
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.40$0.80$0.40$0.46$0.40$0.07
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.39$0.86$0.47$0.44$0.41$0.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.41$0.91$0.50$0.45$0.43$0.02
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.44$0.96$0.52$0.44$0.42$0.02
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.48$1.01$0.54$0.43$0.42$0.01
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.49$1.04$0.55$0.43$0.42$0.01
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.52$1.08$0.55$0.43$0.41$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.55$1.12$0.57$0.42$0.41$0.00
2014Detailed filing. Detailed filing data is available for this year.$0.58$1.15$0.57$0.41$0.42$0.01
2013XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.62$1.18$0.56$0.40$0.41$0.01
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.65$1.20$0.55$0.41
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.69$1.22$0.53$0.40
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.72$1.25$0.52$0.39